SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Selected Quarterly Financial Information

Selected quarterly financial information for each of the quarters in the years ended December 31, 2015 and 2014 is as follows (in thousands, except per share data):


	March 31, 2015		June 30, 2015		September 30, 2015		December 31, 2015

Revenue	$	426,000	$	459,295	$	459,957	$	447,835
Operating income		68,826		79,753		65,436		66,539
Net income		57,277		65,303		50,676		48,598

Basic earnings per share:
Net income	$	0.49	$	0.56	$	0.43	$	0.41

Diluted earnings per share:
Net income	$	0.49	$	0.55	$	0.43	$	0.41


	March 31, 2014		June 30, 2014		September 30, 2014		December 31, 2014

Revenue	$	404,222	$	410,694	$	408,474	$	423,477
Operating income		63,066		65,535		69,850		41,845	⁽¹⁾
Net income		51,738		55,732		57,546		30,006	⁽¹⁾

Basic earnings per share:
Net income	$	0.45	$	0.48	$	0.50	$	0.26	⁽¹⁾

Diluted earnings per share:
Net income	$	0.44	$	0.48	$	0.49	$	0.25	⁽¹⁾

⁽¹⁾	The earnings amounts in the fourth quarter of 2014 were unfavorably impacted by $27.8 million of non-cash impairments recorded to write down the book values of two of CCA’s non-core facilities to the estimated fair values, as discussed in Note 5.